New homes planned after £2.6m mayoral investment

More than 100 affordable homes are to be built on the former General Electric site in Rugby, Warwickshire, the mayor of the West Midlands has announced.

Richard Parker is to invest £2.6m in the scheme set to regenerate the Projects Drive site in the town.

The project will include 72 social rent properties, along with 36 homes which will be made available for shared ownership.

The mayor said it was part of his mission to see 2,000 new social homes built every year across the region by 2028.

"Everyone deserves a safe, warm place to call home, but we're facing a housing crisis because of years of chronic underinvestment in social and affordable homes," the mayor said.

"This has left too many families stuck in temporary accommodation or poor-quality private rents. That's not acceptable, which is why I'm committed to building the genuinely affordable homes our communities so badly need," he added.

The six-acre development is also being backed by Homes England and will feature a mix of apartments, maisonettes and houses.

It is also expected to play a key role in the regeneration of a nearby housing estate in Hollowell Way, Brownsover, which has been earmarked for demolition and redevelopment , said Parker.

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